NEW THREEPENCES

Wanganui Chronicle, Volume 77, Issue 153, 30 June 1934, Page 9

NEW THREEPENCES

SHIPMENT WORTH £12,000. W’ELLINTON, Juno 30. Under the watchful eyes of police, Customs, and bank fficials £12,000 worth of threepences, in small, weighty boxes, were unloaded at the King’s Wharf this morning from the R.M.S. lonic, shortly after she arrived from London and Southampton direct. The threepences, addressed to the Bank oi New Zealand, wore speedily placed on a motor-lorry and removed to the bank vaults. The shipment of money was the second to arrive at Wellington this month from Great Britain. On June ~ several hundred thousand pounds’ worth of bank-notes and half-crowns were unloaded from the C. and D. freighter Port Hunter. The half crowns were to the value of about £120,000 and were also for the Bank of New Zealand, while the bank-note forms, contained in 20 large scaled cases, were consigned to the Reserve Bank. TONS OF NOTES ARRIVAL AT AUCKLAND. ( Per Press Association ). AUCKLAND, June 29. Heavily guarded, some three tuns weight of notes of the Reserve Bank ol New Zealand reached Auckland from 'Wellington by the Limited express and were lodged in the vaults of the Bunk of New Zealand in readiness for issue after August 1, the date upon which the Reserve Bank will commence operalions. The total face value of the notes has not been made known, but judging by the weight it must amount to a very large sum. After August I the Reserve Bank’s notes will replace those now issued by the trading banks. The notes were ,contained in about 30 iron-bound wooden cases bearing many wax seals. They were conveyed in a passenger carriage with drawn blinds, placed immediate.y behind tne engine of tho express. With the consignment travelled three detectives and three clerks. Very soon after arrival tne carnage was shunted to the mail siding and under an additional guard the cases were placed on postal motor lorries and taken to the Bank of New Zealand. An official of the Reserve Bank superintended the whole operation. Tne unloading of the lorries in Queen Street, before tho main entrance of the Bank of New Zealand, attracted only a moderate amount of attention. Like the passengers on the train, passers-by were not aware that anything very unusual was taking place.